---
schema_version: "secwatch.filing_event.v1"
accession: "0001083301-24-000022"
form_type: "8-K"
ticker: "WULF"
cik: "0001083301"
company_name: "TERAWULF INC."
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-06T23:47:11.858884+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TeraWulf appoints two independent directors, amends Bitmain miner purchase agreement

## Summary
- Appointed Christopher Jarvis (cybersecurity, Lockheed Martin) and Amanda Fabiano (Bitcoin mining advisor, ex-Galaxy Digital) to board, effective Jan 12, 2024.
- Board now has ten directors, six independent; Jason New resigned as director.
- Entered Supplemental Agreement II with Bitmain: updated payment/delivery schedule for 15,138 S19j XP miners, plus option for 3,362 if payment obligations met.
- Supplemental Agreement II replaces Dec 26, 2023 agreement; miner purchase price unchanged.

## SEC filing metadata
- accession: 0001083301-24-000022
- form_type: 8-K
- ticker: WULF
- cik: 0001083301
- company_name: TERAWULF INC.
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000022/0001083301-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000022/wulf-20240108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001083301-24-000022
- JSON: https://secwatch.observer/filing/0001083301-24-000022.json
- Plain text: https://secwatch.observer/filing/0001083301-24-000022.txt

## Key facts
- Executive change
  Amanda Fabiano was appointed as Director at TERAWULF INC..
  - Action: appointed
  - Role: Director
  source text: Christopher Allen Jarvis and Amanda Fabiano were appointed to TeraWulf’s board of directors (the “ Board ”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000022/0001083301-24-000022-index.htm
- Executive change
  Christopher Allen Jarvis was appointed as Director at TERAWULF INC..
  - Action: appointed
  - Role: Director
  source text: Christopher Allen Jarvis and Amanda Fabiano were appointed to TeraWulf’s board of directors (the “ Board ”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000022/0001083301-24-000022-index.htm
- Material Agreements
  TERAWULF INC. entered into Supplemental Agreement II with Bitmain Technologies Delaware Limited (effective 2024-01-08).
  - Action: entry
  - Counterparty: Bitmain Technologies Delaware Limited
  - Effective: 2024-01-08
  source text: On January 8, 2024, TeraLease LLC (“ TeraLease ”), a subsidiary of TeraWulf Inc. (“ TeraWulf ” or the “ Company ”) entered into a supplemental agreement II (the “ Supplemental Agreement II ”) with Bitmain Technologies Delaware Limited (“ Bitmain ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000022/0001083301-24-000022-index.htm
- Material Agreements
  TERAWULF INC. terminated Supplemental Agreement with Bitmain Technologies Delaware Limited (effective 2024-01-08).
  - Action: termination
  - Counterparty: Bitmain Technologies Delaware Limited
  - Effective: 2024-01-08
  source text: The Supplemental Agreement II supersedes and entirely replaces the prior Supplemental Agreement between TeraWulf and Bitmain, dated as of December 26, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000022/0001083301-24-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.